Whether you’re a freight company owner, manager, or driver, you have a tough but necessary job. Truck drivers spend seemingly endless hours at the wheel, dealing with tough weather conditions, traffic, exhaustion, and long stretches of time away from home and family to deliver the everyday products people need to live their lives. While drivers are out and about, managers and owners are struggling to balance the everyday operation of their freight business with a complicated mess of revenue, expenses, and a whole lot of invoices. The larger the freight business gets, the tougher it gets to manage business finances, keep your drivers happy and paid, and ensure that your business is on track for short term and long term financial growth.
Plus, it can be increasingly difficult to keep your finances organized and functional if you’re constantly waiting for customers and clients to fulfill invoices. This is perhaps the biggest struggle of freight companies throughout the industry.
Fortunately, that’s where the Transportation Management Group can help. With over 20 years of experience in the freight factoring and accounts receivable industries, the Transportation Management Group has all of the solutions you need to keep your trucks on the road and your finances stable, predictable, and fruitful.
Whether it’s by utilizing our factoring services or through industry advice and insights, the Transportation Management Group wants to help you and your freight company and much as we possibly can. That’s why we created the TMG blog, a forum dedicated to understanding the world of freight and freight factoring.
Before we dive into more complex factoring topics, we’d like to answer the question: “Why should I choose TMG for factoring?”
One of the biggest benefits of freight factoring is the financial flexibility it provides to freight companies. With quick funding and advances on invoices, your freight company will have more available cash flow. With less money going toward immediate payments, you’ll be able to take on more loads, new customers, and bigger projects without stretching your business finances too thin. Many freight factoring companies will advance up to 95% of invoices, which keeps plenty of money in your pocket for all of your business needs.
Guaranteed Fuel Lines
With Transportation Management Group, you have a guaranteed credit line for all fleet fuel purchases, giving your drivers the flexibility to fuel up when they need it, and freeing up precious cash flow can can help you focus on growing and improving your customer base. Drivers are happy, and fleet managers are happy, too. Plus, your drivers can stay on the road longer without any unforeseen issues.
A Dedication to Service
At Transportation Management Group, we understand that you can’t wait a month or two to get paid. You hard work should turn into money that grows your business—no waiting required.
As your trusted factoring provider and business partner, we think of your success as our success and your growth as our growth. We think of you as part of our family, and will do our best to provide you with the most efficient and customizable factoring plan that meets of your ever-growing, ever-changing freight business. Ultimately, we’d like to develop a long-lasting, trusting relationship with every freight and trucking company that requires our services—it’s our passion and our pleasure to make your business run smoother than ever before.
If you have any questions about our business or our services, we’re always happy to answer your questions. Contact us, and improve the efficiency of your freight business today!